The U.S. 41 Industrial Park in Knox County has received a key designation from the state. The Indiana Office of Community and Rural Affairs says the "Indiana Shovel Ready Gold" designation will help open the park up to additional development opportunities and expedite the business location process.
Lieutenant Governor Sue Ellspermann, who oversees OCRA, says "communities like Knox County display the commitment to community and economic development and advancement opportunities as well as the planning, collaboration, and hard work that go into achieving it. I look forward to watching the job growth that will continue in Knox County through the US 41 Industrial Park."
The designation means the state has determined the location has a "base level" of requirements regarding its boundaries, title, local government support, environmental clearances and other considerations.
The 95-acre park was first developed in the early 1980s. Knox County Development Corp. Chief Executive Officer Kent Utt says "the Issac K. Beckes Industrial Park has experienced steady capital investment and employment growth in our area. Currently, the combined industrial parks represent approximately 9.2 percent of the total Knox County work force. With this additional 95 acres of "gold certified" industrial real estate, we will be able to increase our attraction efforts, expand industrial development and continue to grow our workforce."